| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers B > Headlines for Barclays Bank plc > News item |
Barclays plans 15-year step-up callable notes with 3.1% initial rate
By Angela McDaniels
Tacoma, Wash., Dec. 11 – Barclays Bank plc plans to price step-up fixed-rate callable notes due Dec. 29, 2032, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is expected to be 3.1% in years one through three, 3.6% in years four through six, 4.1% in years seven through nine, 4.6% in years 10 through 12 and 5.1% in years 13 through 15. Interest will be payable semiannually.
The payout at maturity will be par.
Beginning Dec. 29, 2020, the notes will be callable at par on any interest payment date.
Barclays is the agent.
The notes will settle Dec. 29.
The Cusip number is 06744CPD7.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.